Antimony
Search documents
Antimony entering a “perfect storm of production”, Larvotto Resources MD says
MINING.COM· 2025-11-21 18:47
Hillgrove project is located 23 km east of Armidale in northern New South Wales. Credit: Larvotto Resources Larvotto Resources (ASX: LRV) this week determined the viability of tungsten as a byproduct at its past-producing 100%-owned Hillgrove antimony and gold project in New South Wales, which it aims to bring into commercial production in Q2 2026.The company reported 90% tungsten recovery with a 16X increase in feed grade delivered in recent metallurgical testwork, which it said also indicates a simple and ...
Novo reports gold, antimony hits at Pilbara sites - ICYMI
Proactiveinvestors NA· 2025-11-21 06:06
Core Insights - Novo Resources Corp has reported new high-grade gold and antimony findings from its Pilbara tenements, with gold grades reaching up to 77.5 grams per tonne from the Teichman project [1][6] - Historical samples from the region have shown assays up to 108 grams per tonne of gold, confirming the potential of the area [2][8] - The company plans to return to Teichman for drilling in 2025 to further investigate the identified gold mineralization [3] Exploration and Findings - Recent fieldwork has been successful, with geological teams completing sampling after previous land access constraints [2][5] - High-grade antimony results were also reported from the Sherlock project, indicating a broader potential for mineralization in the region [3] - The Teichman project is strategically located near significant projects, including a joint venture with Northern Star and the 13 million ounce Hemi project [3][7] Future Plans - The company aims to conduct drilling at Teichman in 2025 to better understand the source of high-grade rock chip samples [3][8] - The exploration work continues across Pilbara and New South Wales, following earlier successes at Tibooburra [4]
‘High convinction’: Red Mountain boosts Idaho, USA Yellow Pine Antimony Project by 75%
The Market Online· 2025-11-21 00:11
Join our daily newsletter At The Bell to receive exclusive market insightsRed Mountain (ASX:RMX) has increased by 75% its overall U.S. prospective antimony acreage footprint with a major claim acquired in Idaho, USA, expanding Red Mountain’s Yellow Pine Antimony Project.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.Disclaimer: This content has been prepared as part of a partnership with Red Mountain Mi ...
Armory Mining Plans Exploration Program at the Ammo Antimony-Gold Project
Thenewswire· 2025-11-20 08:05
Core Insights - Armory Mining Corp. has initiated planning for a phase one exploration program at the Ammo antimony-gold project in Nova Scotia, Canada [1][3] - The Ammo project encompasses over 3,000 hectares and is adjacent to the historical West Gore antimony-gold mine, which produced these minerals prior to World War I [2] - The initial phase will involve prospecting, reconnaissance, sampling, and geophysics, with a budget of up to $500,000 CAD allocated for this exploration [3] Company Overview - Armory Mining Corp. focuses on minerals critical to the energy, security, and defense sectors [6] - The company holds an 80% interest in the Candela II lithium brine project in Argentina and a 100% interest in the Riley Creek antimony-gold project in British Columbia, along with an option to acquire a 100% interest in the Ammo project [6] Strategic Goals - The CEO emphasized the importance of identifying domestic sources of critical minerals and advancing current assets [4]
United States Antimony (NYSEAM:UAMY) FY Conference Transcript
2025-11-19 18:17
Summary of United States Antimony FY Conference Call Company Overview - **Company Name**: United States Antimony Corporation (NYSEAM:UAMY) - **Headquarters**: Dallas, Texas - **Founded**: 1968, publicly traded since 2012 - **Market Cap Growth**: From $20 million to approximately $1.1 billion, with stock price increasing from $0.20 to around $7 per share [1][2] Industry Context - **Core Product**: Antimony, a critical mineral essential for military applications and various industries, including fire retardants and AI technology [1][3] - **Market Control**: China controls about 65% of the global antimony supply and 90% of refining capacity, posing a significant competitive challenge [3][9] Financial Performance - **Revenue Growth**: - 2021: $8 million - 2022: $15 million - 2023 Guidance: $40-$43 million - 2024 Guidance: $125 million, with expectations of exceeding $150 million [4][18] - **Gross Margin Improvement**: Increased from 26% to 30%, with projections to exceed 50% due to sourcing own material [17][18] Key Contracts and Government Relations - **Recent Contracts**: - $104 million contract for fire retardants for roofing materials [2] - $245 million government contract with the Defense Logistics Agency (DLA) [6] - **Government Support**: Executive orders mandate that military supplies must come from U.S. companies, enhancing demand for domestic antimony [5][6] Production and Expansion Plans - **Refinery Expansion**: - Montana facility expansion from 100 tons to 500 tons per month, costing $22 million [4] - Mexican facility expected to produce 200 tons per month by year-end [4] - **New Mining Operations**: - Recently opened a mine in Montana, with plans to source antimony from Alaska [17][12] - Exploring cobalt and tungsten mining opportunities in Canada [13][14] Market Dynamics and Challenges - **Price Fluctuations**: Antimony prices have increased from $5 to around $19-$20 per pound over the past year and a half [10] - **Supply Chain Issues**: Challenges in sourcing antimony from various countries due to competition with China and logistical issues [10][32] Strategic Vision - **Future Goals**: Aim to build a multi-billion dollar company by expanding operations and securing government contracts [23] - **Public Awareness**: Efforts to educate the public and government officials about the importance of antimony and the company's role in the supply chain [22] Miscellaneous Insights - **Employee Challenges**: Difficulty in hiring due to local demographics and immigration issues [30][31] - **Stock Volatility**: Recent stock price fluctuations attributed to broader market trends rather than company-specific issues [27][28] Conclusion - United States Antimony is positioned for significant growth in the critical minerals sector, particularly in light of increasing military demand and government support for domestic sourcing. The company is actively expanding its production capabilities and exploring new mineral opportunities while navigating competitive challenges from China.
NevGold Announces Closing of C$10M Brokered Private Placement Financing
Globenewswire· 2025-11-19 17:11
NOT FOR DISTRIBUTION TO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES Vancouver, British Columbia, Nov. 19, 2025 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce that it has closed its previously-announced brokered private placement financing of units (the “Units”) for gross proceeds of $10,000,000 (the “Offering”). Each Unit, priced at $0.65 per Unit (the “Issue Price”), consists of one common share in the capital of the C ...
Red Mountain lists on the US OTC markets to initial success
The Market Online· 2025-11-19 00:21
Red Mountain Mining (ASX:RMX) has seen its shares on the U.S. OTCQB market enjoy success on its debut, with those assets up 36%, to 54 cents per share – higher than what Red Mountain Mining shares had been fetching on Wednesday morning as a rough patch for the wider ASX continues to compound.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.Disclaimer: This content has been prepared as part of a partnershi ...
Military Metals Highlights the World Economic Forum's Antimony Summary - Slovakian Project Aligns with Global Antimony Strategy
Newsfile· 2025-11-18 12:30
Military Metals Highlights the World Economic Forum's Antimony Summary - Slovakian Project Aligns with Global Antimony StrategyNovember 18, 2025 7:30 AM EST | Source: Military Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - November 18, 2025) - Military Metals Corp. (CSE: MILI) (OTCQB: MILIF) (FSE: QN90) (the "Company" or "MILI") welcomes the recent analysis by the World Economic Forum (the "WEF") on the increasing geopolitical and industrial urgency around antimony as a critical mi ...
Spartan Metals Commences Trading on the OTCQB under Symbol SPRMF
Thenewswire· 2025-11-17 17:25
Vancouver, Canada – TheNewswire - November 17, 2025 – Spartan Metals Corp. (“Spartan” or the “Company”) (TSX-V: W | OTCQB: SPRMF) is pleased to announce effective today, the Company’s common shares have commenced trading on the OTCQB® Venture Market (“OTCQB”) in the United States (“U.S.”) under the symbol “SPRMF”. The Company’s common shares will continue to trade on the TSX Venture Exchange under the symbol “W”. Brett Marsh, Spartan’s President and CEO, comments, “Spartan’s mission is to unlock America’s ...
Locksley Enters into Sponsored Research Agreement with Columbia University to Develop Advanced Sustainable Processing Technologies for Rare Earth Elements (REE) and Critical Metal Recovery
Prnewswire· 2025-11-17 13:35
Accessibility StatementSkip Navigation SAN BERNARDINO, Calif., Nov. 17, 2025 /PRNewswire/ -- Locksley Resources, Ltd. (ASX: LKY;Â OTCQX: LKYRF) announced the company has formalized a research collaboration with Columbia University, one of the United States' premier institutions in sustainable mineral processing, to advance next- generation recovery and separation of REEs and other energy and technology critical metals from geologic resources in the Mountain Pass region, California. The research program will ...